Tata Motors expects domestic passenger vehicles industry to grow in double digits in 2021-22 on the back of continued robust demand momentum
Automobile dealers' body FADA on Tuesday said passenger vehicle (PV) retail sales in January witnessed a year-on-year decline of 4.46 per cent to 2,81,666 units
The industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday
Passenger vehicle sales jumped 13.6 per cent in December to 2.52 lakh units as compared to 2.22 lakh in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
Nifty Auto index has jumped 8 per cent on a year-to-date basis in 2021
As many as 70,000 employees of BSNL have already opted for the VRS scheme which was launched last week
Weighed down by an economic slowdown and increase in axle load - 30% additional capacity - major CV companies are expected to report a decline of around 20% in sales volumes in October 2019
Industry cites tight liquidity, dealyed monsoon; dealer inventories brought down with some help from manufacturers
Domestic car sales were also down for the third consecutive month, declining 2.65 per cent to 179,389 units
The two-wheeler sales volume rose at a robust 17% rate
Sales of commercial vehicles increased 13.78 per cent to 59,000 units in July, SIAM said